Screener of ETF Bearish Flag
AI Pattern Search Engine (PSE) V2

Operating the Pattern Search Engine is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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$30/month afterwards

How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Pattern Types and Stats



Flag

Flag pattern

The Falling Flag (or Bearish Flag) pattern looks like a flag with the mast turned upside down (the mast points up). The pattern forms when falling prices experience a consolidation period, and the price moves within a narrow range defined by the parallel lines through points 2-4 and 3-5. After the consolidation, the previous trend resumes.

This type of formation happens when anticipation of a downtrend is high, and when a security’s price consolidates during a broader decline. It may indicate growing investor concern of an impending downtrend.

Trade idea

If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. The breakout price level for the Falling Flag pattern is the highest low reached within the pattern (4). To identify an exit, calculate the target price by subtracting the initial fall between points 1 and 2 from the breakout price. When trading, wait for the confirmation move, which is when the price falls below the breakout level.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.

Flag (Bearish)
FSK FS KKR Capital Corp
ETF
ODDS FOR THIS TICKER: 90%
Jan 27
N/A
54%
60%
Flag (Bearish)
DWSH AdvisorShares Dorsey Wright Short ETF
ETF
ODDS FOR THIS TICKER: 75%
Aug 18
Aug 25
52%
2%
Flag (Bearish)
IAF Aberdeen Australia Equity
ETF
ODDS FOR THIS TICKER: 69%
Aug 26
Aug 27
52%
3%
Flag (Bearish)
GLU Gabelli Global Utility & Inc
ETF
ODDS FOR THIS TICKER: 65%
Aug 20
Aug 23
56%
1%
Flag (Bearish)
FMY First Trust Mortgage Income
ETF
ODDS FOR THIS TICKER: 52%
Aug 24
Aug 25
58%
1%